The open offers for the shareholders of Ambuja Cements and ACC will begin from July 6 and close on July 19, as per a tentative schedule published by the Adani
Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6
The acquisition will make the Adani family the second biggest cement maker in India after Ultratech
 "Ambuja Cements")
Premium
The mandatory open offer for the companies was made by a Mauritius based company owned by the Adani family after they acquired a 63 per cent stake in Ambuja and 4.5 per cent in ACC from Swiss cement major, Holcim for $6.5 billion
First Published: May 23 2022 | 11:11 AM IST
Key stories on business-standard.com are available only to BS Premium subscribers.
Register to read more on Business-Standard.com
